Turkey detains finance executives amid market turmoil Several prominent Turkish finance executives were swept up by authorities on Thursday amid efforts to contain a market rout that has exposed strains in the country’s investment-fund industry. Turkey
Trump administration approves $24B sale of F-35 jets to Saudi Arabia Trump first announced the planned sale in November 2025, ahead of hosting Crown Prince Mohammed bin Salman at the White House. Saudi Arabia
US sanctions Iranian crypto exchange BitBank over Hormuz payments The US government says the exchange was used to channel payments from an Iranian maritime-insurance scheme to the regime. Iran
Analysis Houthi attacks pressure Saudi Arabia’s splashy economic overhaul Riyadh faces the prospect of having to divert more resources away from noncritical Vision 2030 projects toward defense and economic support as the US-Iran war hits the kingdom more directly. By Samuel Wendel In Washington, DC, reporting on regional business and tech
